Archimedes Tech SPAC Partners III Co. Units’ Lock-Up Period Set To Expire on July 22nd (NASDAQ:ARCIU)

Archimedes Tech SPAC Partners III Co. Units’ (NASDAQ:ARCIUGet Free Report) lock-up period will end on Wednesday, July 22nd. Archimedes Tech SPAC Partners III Co. Units had issued 24,000,000 shares in its public offering on January 23rd. The total size of the offering was $240,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Archimedes Tech SPAC Partners III Co. Units Stock Performance

Shares of ARCIU stock opened at $10.14 on Friday. Archimedes Tech SPAC Partners III Co. Units has a twelve month low of $9.99 and a twelve month high of $10.66. The stock’s fifty day moving average price is $10.14.

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